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KORE POTASH PLC - Appointment of CFO

Release Date: 30/08/2019 09:00
Code(s): KP2     PDF:  
 
Wrap Text
Appointment of CFO

Kore Potash plc
(Incorporated in England and Wales)
Registration number 10933682
ASX share code: KP2
AIM share code: KP2
JSE share code:KP2
ISIN: GB00BYP2QJ94
(“Kore Potash” or the “Company”)

                                        Appointment of CFO
Kore Potash plc, the potash development company whose flagship asset is the 97%-owned Sintoukola
Potash Project (“Kola” or the “Project”), is pleased to announce the appointment of Mr. Andrey
Maruta as Chief Financial Officer (“CFO”), effective from 23 September 2019.

Andrey is a Fellow Chartered and Certified Accountant, with over 16 years’ experience in the mining
industry including as CFO at Petropavlovsk Plc, which has a Premium Listing on the LSE. Andrey also
has worked in the audit function at accountancy firm Moore Stephens International in both the UK
and the Russian Federation. Mr. Maruta will report directly to the CEO and is not joining the
Company’s board.

The current CFO of Kore Potash, Mr. John Crews, has decided to stepdown from the CFO role for
personal reasons but will remain available into November to facilitate a smooth transition.

Brad Sampson, Chief Executive of Kore Potash, said: “I am very pleased to announce the appointment
of Andrey Maruta as the new CFO of Kore Potash.

“The Company is in a strong position to realise its potential in developing the world class Sintoukola
Potash basin and Andrey’s experience in the sector will prove of great benefit to Kore as we move
through the next stages of growth towards financing and production.

I would also like to thank John Crews for his contribution to the Company over the past two years.”



                                                ENDS

30 August 2019
JSE Sponsor: Rencap Securities (Pty) Limited


For further information, please visit www.korepotash.com or contact:



  Kore Potash                                                     Tel: +27 11 469 9140

  Brad Sampson – CEO

  Tavistock Communications                                        Tel: +44 (0) 20 7920 3150
  Jos Simson
  Edward Lee

  Canaccord Genuity – Nomad and Broker                            Tel: +44 (0) 20 7523 4600
  James Asensio
  Henry Fitzgerald-O’Connor

  Shore Capital – Joint Broker                                   Tel: +44 (0) 20 7408 4050
  Jerry Keen
  Toby Gibbs
  James Thomas

Date: 30/08/2019 09:00:00
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